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Pharming Group Reports Q4 Profit with Revenue Growth

Pharming Group N.V. shows promising growth as Q4 profit reaches $6.6M, up from a loss last year. Revenue up 14%, with expectations for continued growth in 2025.

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AI Rating:   8
Net Income: Pharming Group reported a net income of $6.6 million for the fourth quarter, a significant improvement compared to a loss of $2 million in the previous year. This shift to profitability is a positive indicator for investors.

Earnings Per Share (EPS): The company's earnings per share were reported at $0.005, a recovery from a loss of $0.004 the previous year, further signaling a positive performance and enhancing shareholder value.

Operating Income: Pharming experienced an increase in operating income to $6.7 million, up from $1.1 million. This increase indicates improved efficiency and operational performance.

Revenue Growth: The company achieved a revenue increase of 14%, from $81.2 million to $92.7 million, which reflects strong demand and effective business strategies. The expectation for the next fiscal year is a revenue range of $315 million to $335 million, suggesting continued growth.

Pharming's focus on developing treatments for rare diseases and completing pivotal studies for its products adds to the positive outlook, particularly the Phase II trials for leniolisib and the KL1333 study. The company appears well-positioned to potentially expand its product portfolio and revenue channels going forward.
Stocks:  PHAR